Nov.11 (GMM) It has emerged that the 2009 Belgian grand prix, held at iconic Spa-Francorchamps, made a loss of more than 5 million euros.

As a local court ruling relating to noise threatens the circuit's operating license, race organisers were already considering annually alternating the grand prix with the Nurburgring at the end of its contract in 2012.

The Belga news agency reports this week that the 2009 event, attended on race day by just over 50,000 spectators and won by Kimi Raikkonen, cost Spa 5.134m euros.

"(Race organiser Etienne) Davignon should come to us with concrete proposals to achieve financial balance so that (the GP) is viable," said Jean-Claude Marcourt, the economics minister of the regional government of Wallonia.